Published • 5 Sep 2024
When it comes to running a successful unattended retail operation, having the right information is crucial. The 365 Vending Management System (VMS) offers a range of reports designed to give you the insights needed to make smart decisions on your vending machines, micro markets, smart stores, and other points of sale. Here’s a look at the five most popular reports within the system, each one essential for optimizing your business.
1. Product Sales Report
The Product Sales Report gives you a detailed breakdown of how each product is performing across all your points of sale. It’s a straightforward way to see which items are selling well and which ones aren’t pulling their weight.
Why It Matters: This report helps you fine-tune your inventory by highlighting your best sellers and flagging products that might need to be replaced. If you want to keep your points of sale stocked with items people actually want, this report is a must.
2. POS Full Report
The POS Full Report offers a comprehensive view of every point-of-sale transaction, including details on sales figures, payment methods, and the times transactions occur.
Why It Matters: This report is ideal for tracking customer behavior. It helps you understand not just what’s selling, but when and how. Armed with this data, you can adjust your restocking schedule and tailor your offerings to match peak buying times.
3. Account Sales, Location Sales, & POS Sales Reports
These reports break down sales data from different angles—by account, location, and individual POS terminals.
- Account Sales: Shows how much each customer account is contributing to your sales.
- Location Sales: Provides insights into which locations are performing best.
- POS Sales: Zeroes in on sales from specific POS terminals.
Why It Matters: Together, these reports give you a layered understanding of your sales landscape. You can see which accounts and locations are driving your revenue, and even drill down to individual sales points for a more granular analysis.
4. Route Sales Report
The Route Sales Report focuses on the sales generated by points of sale on specific service routes.
Why It Matters: This report is essential for optimizing your route efficiency. It helps you identify which routes are the most profitable and which might need some rethinking. This way, you’re not just covering ground—you’re making sure every route is worth the trip.
5. Route Time Report
The Route Time Report tracks how much time is spent on each service route, including time spent servicing locations, travel time, and any delays.
Why It Matters: Time is one of your most valuable resources. This report helps you streamline your operations by showing where time is being well spent and where it’s being wasted. Keep your route drivers accountable, refine your route schedules, you cut down on unnecessary costs to improve overall efficiency.
These five reports are tools that give you a clear picture of how your unattended retail business is performing. Whether you’re focused on improving product offerings, understanding customer behavior, or optimizing your routes, these reports provide the insights you need to stay ahead. Get started with the 365 VMS today and run a more efficient operation.